In this episode of Truth About FX, Walter digs into catching the correct support and resistance lines — or is there really one? According to Walter, it really depends on what your goal is and your biases. What is the most important thing to keep in mind when “tracking” your support and resistance? Does the timeframe matter? He also touches the line chart and how important it is to your trading. Download (Duration: 05:56 / 6.80MB) In This Episode: 00:33 – correct basis 02:19 – quietest period 03:32 – exceptional 05:11 – remove the noise Tweetables: Just go to the line chart. [Click To Tweet]. Use a higher timeframe. [Click To Tweet]. Where is spike going to go? [Click To Tweet]. Announcer: Sometimes, forex trading is a wild and wooly place to be. That’s why Hugh is here, to post your questions to Walter, the naked forex guy. Hugh’s got questions and Walter’s got the answers. Here at the Truth About FX Podcast. Hugh: Hi, Walter. This trader is asking, “My biggest trading problem is finding the correct support and resistance lines.” So, how would you recommend they find the correct basis to put lines? Walter: Well, it’s like trendlines. There are no correct unless you of course have asked Tom to mark. All jokes aside, here’s the thing, it depends on what you’re using on them for, to be honest, but I’ll get away from that. I don’t want to muddle the waters. Let’s say that you look at the candle charts and you just say, “Woah! I don’t know what to do here. This is crazy. How do I find these lines?” So, what I would recommend is you just go to the line chart.